Residential Field 8363 m²
FOR SALE: 8,363 m² Premier Residential Field | Latsia, Nicosia
NO VAT | PRIME DEVELOPMENT SITE NEAR GSP STADIUM
The Opportunity
An exceptional residential development site of 8,363 m² located in the prestigious Agios Georgios Quarter of Latsia. Positioned in a high-growth corridor favored by Nicosia’s professional class, this parcel is a rare find in the 2026 market, where large, unified fields are almost entirely exhausted.
Financial Edge: VAT-Exempt
This property is offered via private sale with NO VAT. In a market where corporate-owned land carries a 19% tax burden, this listing provides an immediate multi-hundred-thousand-euro capital advantage for the purchaser.
Technical Breakdown (Registry Ref: 3/628)
* Land Area: 8,363 m²
* Planning Zone: Κα8 (Residential)
* Building Density: 60% (Allows for ~5,017 m² of covered construction)
* Coverage: 35%
* Height: 2 Floors (10m) – Ideal for a high-end villa complex or luxury low-rise apartments.
Market Context & Connectivity
* Strategic Hub: Located just minutes from the GSP Stadium, the Mall of Cyprus, and the General Hospital.
* Capital Growth: Latsia continues to lead Nicosia’s suburban demand, with residential property values rising 5-7.5% annually over the last three years.
* Infrastructure: Immediate access to the Nicosia-Limassol motorway, making it a primary choice for commuters and high-net-worth families.
Investment Potential
* Villa Subdivision: Capability to produce 10-12 generous residential plots.
* Unified Community: Ideally suited for a modern "green" residential complex with private roads and communal amenities.
Asking Price: €1,550,000 (VAT Exempt)
-
Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
-
Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
-
Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
-
Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
-
Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
Σχετικές αγγελίες
Έλεγχος για ενημερώσεις στα Αγαπημένα
-
This account has a verified association with E-mongolia -
Verified since
-
Your ad will be marked as verified
-
Advertising will receive more attention and trust